Attached Outcome of AGM held on Monday, 29th September, 2025
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Mangalam Industrial Finance Ltd held its 42nd AGM on Monday, 29th September, 2025 via video conferencing, running from 2:00 PM to 2:38 PM IST. The company had 1,58,278 shareholders on the record date (22nd September 2025), with 67 attending through VC (4 promoter group + 63 public). All three resolutions were passed with overwhelming majority. Resolution 1 (adoption of audited standalone financial statements for FY ending 31st March 2025) was approved with 99.9910% votes in favour. Resolution 2 (re-appointment of Mr. Venkata Ramana Revuru, DIN: 02809108, as director retiring by rotation) was approved with 99.9680% votes in favour. Resolution 3 (appointment of Mr. Kamal A Lalani as Secretarial Auditor for a 5-year term) was approved with 99.9873% votes in favour. Promoter group held 56,16,87,379 shares (about 58%) and voted unanimously in favour of all resolutions.
This is a routine regulatory disclosure confirming smooth AGM proceedings with strong shareholder support (all resolutions cleared with over 99.96% approval). No material governance red flags or contentious issues emerged, indicating stable management alignment with shareholders.